News

Our editors gather news and press releases from around the world to bring our community the latest developments in the valve and actuation industry. Here you can find news involving the people and companies involved in the design, manufacturing, supply, maintenance and use of industrial valves and actuators. We focus both on engineered products as off the shelf products.
If you wish to include your news items and press releases in our publication, email newsletter or on our website please feel free to contact the Editor.

Technip awarded Lucius subsea contract

   Anadarko Petroleum Corporation awarded a lump sum contract to Technip for the development of the Lucius Field.

Energy Transfer Partners to Acquire Sunoco

  Energy Transfer Partners, L.P. (ETP) and Sunoco, Inc. announced that they have entered into a definitive merger agreement whereby ETP will acquire Sunoco in a unit and cash transaction valued at USD 50.13 per share, or a total consideration of approximately USD 5.3 billion, based on ETP’s closing price on April 27, 2012.

BASF names Fluor North America engineering partner

BASF has named Fluor Corporation as its North American chemicals capital project engineering partner. Fluor was awarded an umbrella services agreement by BASF for an undisclosed contract value.  The agreement will cover the providing of services such as conceptual and front-end engineering and design, detailed engineering, procurement, project management and construction management services.

Major companies join for Alaskan resource developm

   ConocoPhillips, BP, TransCanada and ExxonMobil have announced that they are working together on the next level of Alaskan resource development through their participation in the Alaska Pipeline Project.

Companies join for Alaskan resource development

    ConocoPhillips, BP, TransCanada and ExxonMobil have announced that they are working together on the next level of Alaskan resource development through their participation in the Alaska Pipeline Project.

Schlumberger agrees to sell Wilson International

Schlumberger Limited has entered into an agreement to sell its Wilson distribution business with National Oilwell Varco Inc.

Exelon looks to uprate Peach Bottom plant

   Exelon Nuclear will be asking the federal Nuclear Regulatory Commission to permit its Peach Bottom Atomic Power Station in Pennsylvania to increase its power production level.

Arctic Spirit tanker hauling LNG, TX to Japan

   The bank that ships the most commodities, Morgan Stanley has hired a liquefied natural gas tanker to haul a cargo the 14,500miles from the United States to Japan.

Shell Alaska drilling permits upheld by EPA

The independent appeals board of the Environmental Protection Agency have upheld final air pollution permits required by Royal Dutch Shell to launch a drilling project in the Arctic waters off the coast of Alaska this summer.

CRANE WTA® bellows sealed globe valve

   CRANE ChemPharma Flow Solutions™ has added WTA® Bellows Seated Globe Valves, Chlorine Valves and Change-Over Valves to the CRANE ChemPharma product offering.